The Economic and Financial Crimes Commission (EFCC) has recovered and handed over the sum of N104.1 million to the Niger State Government.
The funds represent unremitted tax liabilities recovered from a company operating within the state.
The official handover took place at the EFCC’s Ilorin Zonal Directorate office yesterday.
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The recovered amount stems from outstanding taxes owed by Kiara Rice Mills Limited, situated in Kpatsuwa Village, Mokwa Local Government Area of Niger State.
The tax liabilities were accrued between 2021 and 2024.
The investigation began in February 2025, following intelligence received by the EFCC.
The information indicated that the multi-billion-naira company had been operating profitably but allegedly failed to remit its full tax obligations, a breach of both federal tax laws and the state revenue regulations.
The Commission’s Foreign Exchange Malpractice Section confirmed the infractions and ensured the full recovery of the outstanding taxes.
Speaking during the presentation ceremony, the EFCC Executive Chairman, Ola Olukoyede, represented by the Ilorin Zonal Director, Commander of the EFCC, Ansalem Ozioko, reiterated the Commission’s core mandate.
“The function of the EFCC is to prevent, investigate, and prosecute economic and financial crimes, recover what was stolen, and return it to the rightful owners. That is exactly what we are doing here today,” Olukoyede stated.
He called for continued collaboration between the state government and the anti-graft agency, urging state officials to be “ambassadors of the EFCC by reporting any act that fails the integrity test.
Aminu Bawa, Group Head of Tax Operations at the Niger State Internal Revenue Service, received the recovered funds on behalf of the Niger State Government.
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He extended sincere appreciation to the EFCC for its “diligence and professionalism,” noting that the recovery effort would have a “direct and positive impact on the lives of our people.”
Bawa confirmed that the ₦104.1 million would be credited to the state’s account and channelled into developmental projects across the state.
